Business

Julius Berger Nigeria appoints Lars Richter new MD

329
Julius Berger Nigeria Plc announced it is making changes to the management structure of the company and has appointed Dr Lars Richter as its new Managing Director effective Oct 16 2018, in an emailed statement.
“The changes were precipitated by the continuous growth and strategic demands of the Company with respect to its significant portfolio of building, infrastructure and industrial construction projects, and in the light of its diversification and development targets,” the statement read.
Richter, former divisonal manager, managing the acquisition across the company’s operations succeeds Wolfgang Goetsch, the former MD, who served the company in multiple capacity for 27 years.
Tobias Meletschus will now head Directorate, Corporate Development of the company, following six years of heading Business Development division within Julius Berger and leading diversification strategies and related business plans, as well as the assessment and successful negotiation of largescale projects, the statemement added.

Leave a comment

Related Articles

African oil-producing nations secure 45% of $5bln Energy Bank funds

Afnations have made significant progress in establishing the Africa Energy Bank (AEB),...

FG’s fresh fiscal incentives to attract $10bln to oil and gas sector – Edun

The Federal Government unveiled fresh fiscal incentives to enhance Nigeria’s oil and...

UNGA 79: Creative Economy Ministry promotes investmemt drive,secures $200mn Afreximbank fund

The Federal Ministry of Arts,Culture and Creative Economy(FMACCE) had at the just...

UBA reports impressive 39.6 percent growth in gross earnings for first half of 2024

The United Bank for Africa (UBA) has announced a remarkable 39.6 percent...

FirstBank CEO, Alebiosu, at UNGA ’79, harps on financial inclusion in poverty eradication

In an exclusive interview with Arise TV on the sidelines of the...

Naira Plummets to N1,658.48 After Central Bank Raises Interest Rates

The Nigerian naira suffered a significant decline on Tuesday, dropping by 5.8%...

For the umpteenth time, CBN raises interest rate by 50 basis points to 27.25%

For the fifth time, the Central Bank of Nigeria (CBN) has announced...

FirstBank Sponsors Maiden Edition of Nigerian Fintech Festival Event in Lagos

The inaugural edition of the Nigerian Fintech Festival, the biggest fintech festival...

Coca-Cola to invest $1bln in Nigeria, Tinubu promises investors zero red tape, friendly financial system

Coca-Cola has pledged to invest $1 billion in Nigeria over the next...

Nigeria’s inflation rate drops to 32.15% – NBS

Nigeria’s inflation rate has dropped to 32.15% in August from 33.40% in...

CBN directs payment service providers to begin PoS transaction tracking

The Central Bank of Nigeria (CBN) has released a new directive to...

Nigeria’s cable market growth may surpass current N200bln value, says Zobis Cable Boss, Ezeobi

By Emmanuel Ndukuba, Awka Engr. John Ezeobi, the Chairman of Zobis Electrical...

Heirs Insurance Group Appoints Ibrahim Puri And Sonny Iroche As Independent Non-Executive Directors

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance provider, has announced the appointment...

ESG: FirstBank wins 2024 Euromoney Award for Nigeria’s best bank

FirstBank, the West African premier financial institution and financial inclusion services provider...

Netflix raises subscription fees in Nigeria, the second in three months

by Ramlat Ibrahim Netflix has again announced another tariff hike for its...

Exciting prizes up for grabs with FirstBank Visa Gold and Visa Infinite Cards in 2024 summer campaign

First Bank, the West African premier financial institution and financial inclusion services...

Transcorp Hotels achieve 188 percent growth in 2024 half year

Transcorp Hotels, the hospitality subsidiary of one of Africa’s leading listed conglomerates,...

Why FG injected N1trn palliatives into manufacturing sector – Finance Minister Edun

The Federal Government has disclosed that a total sum of N1 trillion...

Breaking: Again, CBN increases interest to 26.75 percent

The Central Bank of Nigeria (CBN) has raised the monetary policy rate...

I’m no longer interested in investing in Nigeria’s steel industry, says Aliko Dangote

Alhaji Aliko Dangote, the Chairman of Dangote Industries Limited, has halted the...